Plan Ledger DOL Form 5500 · updated monthly

American Salon Group401(k)

AMERICAN SALON GROUP 401(K) PLAN · MEDINA, OH · plan year 2022

Reported admin expense ratio · 2022
1.72%

American Salon Group reported $9,266 in plan administrative expenses for 2022: 1.72% of average plan assets, higher than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (3,210th of 3,295), and 3,174th of 3,341 in other services.

Plan summary
Net assets, end of year$533,340
Participants with balances79
Active participants474
Employer contributions—
Employee contributions$128,620
Employer contribution per active participant—
Average account balance$6,751
Benefits paid to participants$98,809
Plan auditUnmodified (clean) audit opinion
AuditorD'AMICO WAWRIN & COMPANY CPAS LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,266
Total administrative$9,266
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,266 · 1.72%
Same employer
Similar plansOther Services · Ohio
Styletech Corporation OH$1.1M · 0.77%
Tillery Enterprises, Inc. OH$676K · 1.45%
T & C Foods Inc OH$360K · 1.71%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 841756143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.